Which of the Following Statements Is False

question 112

Multiple Choice

Which of the following statements is false?

• A) Revenues increase stockholders' equity.
• B) Revenues have normal credit balances.
• C) Revenues are a positive factor in the computation of net income.
• D) Revenues are increased by debits.

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Definitions:

Basic Personality Traits

Refer to the essential characteristics that form the foundation of an individual’s personality.

Unconscious Mental Processes

Mental activities beyond conscious awareness, influencing feelings, thoughts, and behaviors without one's explicit understanding.

Personality Traits

Enduring characteristics or qualities that form an individual's distinctive character and influence behavior and attitudes.

Conscientiousness

A personality trait characterized by organization, dependability, diligence, and a strong sense of duty, often linked to academic and professional success.